Azimuth Capital Investment Management LLC Has $10.25 Million Stock Position in Booz Allen Hamilton Holding Corporation $BAH

Key Points

• Azimuth Capital Investment Management LLC decreased its stake in Booz Allen Hamilton by 30.5%, owning 98,012 shares valued at approximately $10.25 million following the sale of over 43,000 shares.
• Several institutional investors have significantly adjusted their positions in Booz Allen Hamilton, with Capital World Investors increasing its stake by 591.1% to own 349,917 shares valued at around $45 million.
• The company recently declared a quarterly dividend of $0.55 per share, providing a 2.0% yield, with the ex-dividend date set for August 14th.

Azimuth Capital Investment Management LLC decreased its position in shares of Booz Allen Hamilton Holding Corporation (NYSE:BAH - Free Report) by 30.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 98,012 shares of the business services provider's stock after selling 43,056 shares during the period. Azimuth Capital Investment Management LLC owned approximately 0.08% of Booz Allen Hamilton worth $10,250,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in BAH. Rockefeller Capital Management L.P. bought a new stake in Booz Allen Hamilton during the fourth quarter worth about $1,320,000. Barclays PLC increased its holdings in Booz Allen Hamilton by 45.2% in the 4th quarter. Barclays PLC now owns 147,190 shares of the business services provider's stock valued at $18,942,000 after buying an additional 45,825 shares during the period. Bridgewater Associates LP bought a new position in Booz Allen Hamilton in the 4th quarter valued at about $8,917,000. Canada Pension Plan Investment Board increased its holdings in Booz Allen Hamilton by 2,228.1% in the 4th quarter. Canada Pension Plan Investment Board now owns 74,500 shares of the business services provider's stock valued at $9,588,000 after buying an additional 71,300 shares during the period. Finally, CANADA LIFE ASSURANCE Co increased its holdings in Booz Allen Hamilton by 14.9% in the 4th quarter. CANADA LIFE ASSURANCE Co now owns 60,689 shares of the business services provider's stock valued at $7,803,000 after buying an additional 7,860 shares during the period. Institutional investors own 91.82% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on BAH shares. JPMorgan Chase & Co. raised their target price on shares of Booz Allen Hamilton from $115.00 to $122.00 and gave the company an "underweight" rating in a report on Monday, July 28th. Raymond James Financial reissued a "market perform" rating on shares of Booz Allen Hamilton in a report on Friday, May 23rd. Barclays decreased their target price on shares of Booz Allen Hamilton from $140.00 to $120.00 and set an "equal weight" rating on the stock in a report on Wednesday, May 28th. The Goldman Sachs Group cut Booz Allen Hamilton from a "neutral" rating to a "sell" rating and decreased their target price for the company from $108.00 to $94.00 in a research report on Wednesday, May 28th. Finally, Wells Fargo & Company decreased their target price on Booz Allen Hamilton from $148.00 to $135.00 and set an "overweight" rating on the stock in a research report on Friday, May 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $134.00.

Booz Allen Hamilton Trading Down 1.0%

Shares of BAH stock traded down $1.1450 during mid-day trading on Wednesday, reaching $108.4950. 215,995 shares of the stock traded hands, compared to its average volume of 2,297,422. The stock's fifty day simple moving average is $107.24 and its two-hundred day simple moving average is $111.80. Booz Allen Hamilton Holding Corporation has a 1-year low of $98.95 and a 1-year high of $190.59. The company has a market cap of $13.37 billion, a price-to-earnings ratio of 13.33, a price-to-earnings-growth ratio of 1.71 and a beta of 0.47. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 3.66.

Booz Allen Hamilton (NYSE:BAH - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The business services provider reported $1.48 EPS for the quarter, beating analysts' consensus estimates of $1.45 by $0.03. Booz Allen Hamilton had a return on equity of 73.05% and a net margin of 8.70%.The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.96 billion. During the same period last year, the firm posted $1.38 earnings per share. The business's revenue for the quarter was down .6% on a year-over-year basis. Booz Allen Hamilton has set its FY 2026 guidance at 6.200-6.550 EPS. On average, research analysts anticipate that Booz Allen Hamilton Holding Corporation will post 6.44 EPS for the current fiscal year.

Booz Allen Hamilton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Thursday, August 14th will be paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Thursday, August 14th. Booz Allen Hamilton's dividend payout ratio (DPR) is presently 27.03%.

Booz Allen Hamilton Company Profile

Booz Allen Hamilton Holding Corporation provides management and technology consulting, analytics, engineering, digital solutions, mission operations, and cyber services to governments, corporations, and not-for-profit organizations in the United States and internationally. It focuses on artificial intelligence services comprising of machine learning, predictive modeling, automation and decision analytics, and quantum computing.